"Next year will be the third-slowest year since the Reagan administration, despite projections of a 10% increase in house sales to 304,400 transactions."
"CAR President Melanie Barker stated that lower borrowing costs and an increase in homes for sale are expected to encourage more market activity in 2025."
"Although inventory is projected to loosen, CAR Chief Economist Jordan Levine emphasized that demand will rise, keeping the housing market competitive and driving prices up."
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